Arsenal have reportedly been quoted a figure of £8m for Juventus striker Mirko Vucinic.
Gunners officials are believed to have met with Juve general manager Beppe Marotta over the New Year, with the Montenegro international being the subject of their discussions.
The North Londoners, along with local rivals Tottenham Hotspur, were said to be investigating the possibility of a loan deal.
However, The Mirror reports that the Italian champions are not interested in a short-term agreement, and instead want to cash in on the frontman, who has scored one goal in seven appearances in Serie A this season.
